Ultimate Male Travel Guide

Credit Cards:

Credit card acceptance in Male is widespread, especially in resorts, hotels, restaurants, and larger shops. Visa and MasterCard are the most commonly accepted cards, followed by American Express and UnionPay. Contactless payments, including Apple Pay and Google Pay, are also becoming increasingly common.

Debit Cards:

Debit cards are less commonly used in Male compared to credit cards, but major international debit card networks like Visa and MasterCard are accepted at many establishments. However, it’s advisable to carry sufficient cash for transactions, especially when traveling to remote islands where card acceptance may be limited.

ATMs:

ATMs are available in Male, the capital city, and in some other populated islands and resorts in the Maldives. However, ATM availability may be limited on remote islands, so it’s advisable to withdraw sufficient cash in Male or at the airport upon arrival. Most ATMs dispense Maldivian Rufiyaa (MVR), the official currency of the Maldives.

Currency Exchange:

The official currency of the Maldives is the Maldivian Rufiyaa (MVR). It’s recommended to exchange your currency to Maldivian Rufiyaa upon arrival in Male. You can exchange major foreign currencies at banks, currency exchange booths, and some hotels. US dollars and euros are widely accepted for exchange, especially at resorts.

Banks:

Major banks in Male include:

• Bank of Maldives (BML): The largest bank in the Maldives, BML offers a wide range of banking services including savings accounts, loans, and foreign exchange.
• Maldives Islamic Bank: Another prominent bank in Male, Maldives Islamic Bank provides various banking products and services compliant with Islamic finance principles.

Traveler’s Checks:

Traveler’s checks are becoming less common worldwide, and their usage is limited in Male. It’s recommended to carry cash or use credit/debit cards for transactions. However, some banks may still offer services for cashing traveler’s checks, albeit with a fee.

Tips for Banking in Male:

• Notify your bank before traveling to Male to inform them of your travel plans and avoid any issues with card usage abroad.
• Keep your PIN and card information secure, and be cautious when using ATMs, especially in remote areas.
• Familiarize yourself with the current exchange rate to ensure fair transactions when exchanging currency.
• Carry small denominations of Maldivian Rufiyaa for smaller purchases, as change may be limited.

By understanding the banking system in Male, you can ensure a smooth and hassle-free financial experience during your travels in the capital city.